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Nov 28, 2012
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let's go to geoff cutmore who is live this london wiin london wi latest. >>> it's pun afunny, while we h the doom and gloom around the fiscal cliff driving equity markets lower, we're at serious risk of good news breaking out on the economy running in to the holiday season. so we have the better housing numbers, up 3.6%. then we had a stronger consumer confidence number and we're seeing the best consumer confidence since, what, february 2008. let's put it in context. we're just in 73 territory on the digits. 90 would be where the economy would be if everybody was happy with their lot. and we're still some way away from that 90 figure. but apparently things improving on the fact employment is picking up. so it would appear that things are getting brighter for the u.s. economy, but, boy, we still need to bang some heads together on this fiscal cliff because until we're going somewhere on on that, these markets are treading water right now. back to you. >> all right, geoff cutmore live in london. thanks. >> what would you do with 500 pll million? >> i would say that's gambling and that wh
let's go to geoff cutmore who is live this london wiin london wi latest. >>> it's pun afunny, while we h the doom and gloom around the fiscal cliff driving equity markets lower, we're at serious risk of good news breaking out on the economy running in to the holiday season. so we have the better housing numbers, up 3.6%. then we had a stronger consumer confidence number and we're seeing the best consumer confidence since, what, february 2008. let's put it in context. we're just in 73...
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Nov 19, 2012
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back over to you. >> karen tso live from london. thank you very much. shoot us an e-mail at wh"way to early" at msnbc.com. let us know why you're awake. they usually end up insulting you in some way. nice way to start the day. >> great way. >>> still ahead on "way too early," rookie andrew luck faces his biggest challenge yet taking on tom brady and the new england patriots joompt also, the jets mark sanchez looks to put an end to the losing streak. >>> later, chris christie makes a cam me on on"saturday night live" to give an update on his lucky fleece. you have a lucky fleece. >> one. >> it walks now. it walks away from you. you ought to think about washing it. >> if i wash it, what am i going to have -- >> i know. >> i won't have any breakfast. >> exactly. that clip on chris christie and a check on weather when "way too early" comes right back. >> wow. >> mi kel gorbachev, the bold and younger leader of the soviet communist parties shaking hands with ronald regan, president of the united states. new prilosec otc wildberry is the same frequent heartbu
back over to you. >> karen tso live from london. thank you very much. shoot us an e-mail at wh"way to early" at msnbc.com. let us know why you're awake. they usually end up insulting you in some way. nice way to start the day. >> great way. >>> still ahead on "way too early," rookie andrew luck faces his biggest challenge yet taking on tom brady and the new england patriots joompt also, the jets mark sanchez looks to put an end to the losing streak....
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Nov 27, 2012
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back to you guys. >> steve sedgwick live from london. >> 50%. holy cow. >> let us know why you're awake at this ungodly, horrific hour. >> there's something wrong with you. >> shoot us an e-mail or tweet us @joenbc or @morningmika. >>> still ahead on "way too early," the eagles prove they don't really need michael vick to lose a football game. highlights from philly's monday night mess ahead in sports. it's ugly. >>> plus -- >> please stop watching "two and a half men." i'm on "two and a half men." i don't want to be on it. >> you know, first charlie sheen, now this controversy finds its way back into the set of "two and a half men" as one of the lead actors calls the show "filth." >> it is, actually. >> telling viewers not to watch. it's not filth. >> no, i have seen it. i saw it once. it was complete filth. >> this is good, clean entertainment. i believe this is what will save western civilization. put it on a loop 24 hours a day. when you're done with that, watch "way too early," then "morning joe." we shall return. we'll have a check on weat
back to you guys. >> steve sedgwick live from london. >> 50%. holy cow. >> let us know why you're awake at this ungodly, horrific hour. >> there's something wrong with you. >> shoot us an e-mail or tweet us @joenbc or @morningmika. >>> still ahead on "way too early," the eagles prove they don't really need michael vick to lose a football game. highlights from philly's monday night mess ahead in sports. it's ugly. >>> plus -- >>...
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Nov 20, 2012
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for more on this, let's go to cnbc's steve sedgwick live in london. >> reporter: this market has been pummeled since the electric on concerns about the fiscal cliff, amongst other things. the earning season hasn't been great either. we've fallen 7% since the electric. the last two days we've seen a little reversal of that. the s&p, wide measure, of course, of u.s. stocks has rallied over 2% in the last couple of days. and that is on hope for pragmatism between republicans and democrats. the market having a bit of a respite moving above key technical levels. some companies reporting such as lowe's, tyson food, well praised by the market and getting big gains to the upside if they beat expectations, which very few companies have done in the recent earning season. the good news actually does continue as well. good home sales in the states yesterday. 11.1% is the year-on-year home sales, 2.1% increase over the previous month shy of 4.8 million homes. home builder confidence has been very strong as well. that's two good news stories. hostess brands, although i've never had a twinkie in my
for more on this, let's go to cnbc's steve sedgwick live in london. >> reporter: this market has been pummeled since the electric on concerns about the fiscal cliff, amongst other things. the earning season hasn't been great either. we've fallen 7% since the electric. the last two days we've seen a little reversal of that. the s&p, wide measure, of course, of u.s. stocks has rallied over 2% in the last couple of days. and that is on hope for pragmatism between republicans and...
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Nov 29, 2012
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let's go live to london. steve, what's the latest? >>> yeah, there is a lot of interesting stories in the mix at the moment. the big story is still and will remain the fiscal cliff. every time a policymaker on capitol hill or in the white house makes a speech about this or a station to the media, the markets move very aggressively. yes, there is a case in point where boehner and obama said there was progress that could be made towards a compromise. the markets turn around to 220 points on the dow. but on 20 points and the dow having been down 110 closed up 106 points. that's because john boehner said they could well be some progress on a compromise. that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in
let's go live to london. steve, what's the latest? >>> yeah, there is a lot of interesting stories in the mix at the moment. the big story is still and will remain the fiscal cliff. every time a policymaker on capitol hill or in the white house makes a speech about this or a station to the media, the markets move very aggressively. yes, there is a case in point where boehner and obama said there was progress that could be made towards a compromise. the markets turn around to 220 points...
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Nov 30, 2012
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for more on this, cnbc's steve sedgwick in london. what am i missing? >> how can he report on the story? he's never even eaten a twinkie. he's never been out in the field. >> it's true, i haven't had a ho ho or a cupcake. >> you haven't had a life, then you, steve? >> i have had the uk equivalent. it's been a constant battle for 42. as you quite rightly pointed out, this is an absolute tragedy for 18,000 workers at this company. they have tried to keep this company going. it's the second time, actually, it's gone into bankruptcy in a decade. the fact remains that 18,000 people at hostess brands will ultimately lose their job. and as you say, 19 senior-level managers are getting bonuses of $1.75 million to keep this company going through the liquidation process. it just seems quite tragic. and i'm afraid all too often in corporate news and i see jobs being lost just before the holiday season as well. but the brand would live on, it looks like. all those brands we just mentioned, brands i've never had before, it looks like they're going to live on because
for more on this, cnbc's steve sedgwick in london. what am i missing? >> how can he report on the story? he's never even eaten a twinkie. he's never been out in the field. >> it's true, i haven't had a ho ho or a cupcake. >> you haven't had a life, then you, steve? >> i have had the uk equivalent. it's been a constant battle for 42. as you quite rightly pointed out, this is an absolute tragedy for 18,000 workers at this company. they have tried to keep this company...
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Nov 8, 2012
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let's go to cnbc's geoff cutmore life in london. what should we read into the market? >> good morning, willie. for once it makes sense for europe not to be the catalyst for the market decline. the fall on the dow i think took a few people by surprise. the early running on the results was that the secity trade in europe was higher. when we got into that u.s. session, it started to fade away. i think people focused once again on this impasse we've got over the resolution of the fiscal cliff, and if it doesn't get dealt with, there are $7 trillion worth of taxes to be imposed and public spending cuts to be introduced which would slow growth for the u.s. economy. so that -- putting some pressure now on the politicians to get their act together here. just one word for knows who are in the market, wondering what happens here. we've seen four major declines like this on the day after presidential elections in the u.s. since 1928. and in those four cases, the markets subsequently traded higher over the following four years. maybe a crump of comfort for those who are long and w
let's go to cnbc's geoff cutmore life in london. what should we read into the market? >> good morning, willie. for once it makes sense for europe not to be the catalyst for the market decline. the fall on the dow i think took a few people by surprise. the early running on the results was that the secity trade in europe was higher. when we got into that u.s. session, it started to fade away. i think people focused once again on this impasse we've got over the resolution of the fiscal...
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Nov 1, 2012
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for that, we go to julia chatterly live in london. good morning. >> reporter: thanks very much. good morning. cautious trading here in europe likely to feed into the u.s. session today. the u.s. session ended virtually unchanged yesterday. it was functioning smoothly. among the biggest movers yesterday, facebook shares losing 4%. the first day that workers became eligible to sell shares they received when the company went public six months ago. remember, the workers watched the share prices fall to almost half its ipo value. so also question about whether we continue to see pressure on that stock with further chunks coming up. also apple lost ground yesterday. two key management changes. the key iphone software developer is leaving. he's been at the post for 15 years. it leaves concerns about management uncertainty. for now though, what we're look ago head to is earnings and adjustment jobs data. back to you. >> all right, julia, we get that jobs number tomorrow. thanks so much. >>> we turn to presidential politics. with five days until election day, president obama heading back
for that, we go to julia chatterly live in london. good morning. >> reporter: thanks very much. good morning. cautious trading here in europe likely to feed into the u.s. session today. the u.s. session ended virtually unchanged yesterday. it was functioning smoothly. among the biggest movers yesterday, facebook shares losing 4%. the first day that workers became eligible to sell shares they received when the company went public six months ago. remember, the workers watched the share...
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Nov 13, 2012
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let's take an early look at the markets with geoff cutmore in london. >>> good morning to you. well, yes, 23-year veteran of microsoft, steven sinofsky is gone. and there are questions now as to why because he presided over the launch of windows 8 and the new surface tablet. everything seemed to be going fine. they've now talked about, in some of the blogs, perhaps there was an abrasive management style with some of the other executives. just rubbed some people up the wrong way. also talk that steve baumer is consolidating his grip on the business and steven sinofsky was talked about at one time as a potential ceo for the business. >>> one other story i want to focus on, i don't know how you guys do your thanksgiving dinner, increasingly the big box retailers hope will you have your meal and then go shopping. 8:00 is the opening time for a number of these big box retailers now on thursday as they try to get ahead of the big thanksgiving friday sales. they're expecting lackluster performance in retail sales this year, which is why a number of these businesses like walmart, toys
let's take an early look at the markets with geoff cutmore in london. >>> good morning to you. well, yes, 23-year veteran of microsoft, steven sinofsky is gone. and there are questions now as to why because he presided over the launch of windows 8 and the new surface tablet. everything seemed to be going fine. they've now talked about, in some of the blogs, perhaps there was an abrasive management style with some of the other executives. just rubbed some people up the wrong way. also...
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Nov 2, 2012
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let's take an early look at the markets live in london. good morning. >> good morning to you. ha as you said, this is a crucial employment report. it's the last jobs data we're going to get before the election. that's why it's so critical politically, at least, for these two parties. expectations right now pretty low. i'll take you quickly through the numbers. 120,000 jobs expected to be added in october and perhaps a slight tick higher in the unemployment report. a weaker number for less jobs added is going to favor a romney versus obama. the key question is just how can one data point influence voters ahead of the elections next week. that level of uncertainty, of course, going to make markets volatile after this report. it's coming at the same time where rising costs of hurricane sandy are coming in. that's something we have to look forward to in the november numbers, not impacting today. four days, of course, before the election. i think we can expect a politically charged payroll report later today. for now, back to you. >> we will see those numbers at 8:30 eastern time.
let's take an early look at the markets live in london. good morning. >> good morning to you. ha as you said, this is a crucial employment report. it's the last jobs data we're going to get before the election. that's why it's so critical politically, at least, for these two parties. expectations right now pretty low. i'll take you quickly through the numbers. 120,000 jobs expected to be added in october and perhaps a slight tick higher in the unemployment report. a weaker number for less...
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Nov 12, 2012
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cnbc's julia chatterly is live in london. greece had to do this, despite mass protest in the street. >> absolutely. one difference we saw was there was no reported violence, which is something we've seen over the last few votes. this budget vote did pass. along with the austerity vote we saw last week. and what this means is now, greece is qualified to unblock the next bailout. somewhere around $40 billion worth. this is crucial at the same time we have the eurozone finance ministers meeting today. they're not expected to sign off on the $40 billion worth. why? we're waiting for the debt sustainability analysis. this is a crucial issue, too. greece has warned they could run out of cash as early as this week. we're watching this week as they try to raise cash to bridge the gap in the interim. we try to take it to the brink. two, key points here. we expect them to get the cash ultimately. and, they are going to get more time to pay their debts back. but the key question is, is that even going to be enough or what more needs to
cnbc's julia chatterly is live in london. greece had to do this, despite mass protest in the street. >> absolutely. one difference we saw was there was no reported violence, which is something we've seen over the last few votes. this budget vote did pass. along with the austerity vote we saw last week. and what this means is now, greece is qualified to unblock the next bailout. somewhere around $40 billion worth. this is crucial at the same time we have the eurozone finance ministers...
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Nov 14, 2012
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here with more is cnbc's karen cho is live in london for us. could we see facebook take another hit today? >> reporter: that's the question. in the past when we've seen these expirations there's been pressure on the stock listed at $38 below $20 where it stands today based on fears of an overhang of the stock because of these types of lockup periods becoming unlocked. the 800 million shares that you're talking about, this is a huge amount, almost the same amount of stock that exists on the market since the ipo. about 920 million stock but if you look at the options trading and this is key because as some traders are putting bets on for the tock to rise after this as some call options around $20 and $21, that's where the activity has been so the suggestions are we may see a bounce in the stock price once we get through the event today but the mark action suggests there might be a better day on wall street after some of the losses we saw yesterday so stand by for what will be a challenging day for facebook. back to you. >> mark zuckerberg notably
here with more is cnbc's karen cho is live in london for us. could we see facebook take another hit today? >> reporter: that's the question. in the past when we've seen these expirations there's been pressure on the stock listed at $38 below $20 where it stands today based on fears of an overhang of the stock because of these types of lockup periods becoming unlocked. the 800 million shares that you're talking about, this is a huge amount, almost the same amount of stock that exists on...